LASYGEXA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LASYGEXA
Largest movements
- Cash +€1.0m
up €1.0m (+5507.4%), from €18,654 to €1.0m
mainly Contributions, distributions and other (+€2.8m) and Depreciation (+€369,760)
- Tangible fixed assets -€244,853
down €244,853 (-6.4%), from €3.8m to €3.6m
of which Assets under construction and advance payments: -€302,138
- Contributions +€2.9m
up €2.9m (+4766.7%), from €61,500 to €3.0m
- Debts after one year -€2.4m
down €2.4m (-70.0%), from €3.5m to €1.0m
of which Other amounts payable: -€2.3m
- Other debts +€136,707
up €136,707 (+3118.2%), from €4,384 to €141,092
- Profit (loss) carried forward +€99,232
no longer reported in 2025 (was -€99,232)
- Gross operating margin +€443,599
up €443,599 (+123.1%), from €360,390 to €803,988
- Taxes +€122,854
new in 2025: €122,854
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,844,324 | €4,633,435 | +€789,111 | +20.5% |
| Fixed assets | 21/28 | €3,820,583 | €3,575,730 | -€244,853 | -6.4% |
| Tangible fixed assets | 22/27 | €3,820,583 | €3,575,730 | -€244,853 | -6.4% |
| Land and buildings | 22 | €3,518,444 | €3,575,730 | +€57,286 | +1.6% |
| Assets under construction and advance payments | 27 | €302,138 | - | -€302,138 | |
| Current assets | 29/58 | €23,742 | €1,057,705 | +€1.0m | +4355.1% |
| Amounts receivable within one year | 40/41 | €1,540 | €5,084 | +€3,544 | +230.2% |
| Trade receivables | 40 | €853 | €4,381 | +€3,528 | +413.6% |
| Other amounts receivable | 41 | €687 | €703 | +€16 | +2.3% |
| Cash at bank and in hand | 54/58 | €18,654 | €1,045,995 | +€1.0m | +5507.4% |
| Deferred charges and accrued income | 490/1 | €3,548 | €6,626 | +€3,078 | +86.8% |
| Total equity and liabilities | 10/49 | €3,844,324 | €4,633,435 | +€789,111 | +20.5% |
| Equity | 10/15 | €115,978 | €3,189,182 | +€3.1m | +2649.8% |
| Contributions | 10/11 | €61,500 | €2,993,000 | +€2.9m | +4766.7% |
| Capital | 10 | €61,500 | €2,993,000 | +€2.9m | +4766.7% |
| Issued capital | 100 | €61,500 | €2,993,000 | +€2.9m | +4766.7% |
| Reserves | 13 | €153,710 | €196,182 | +€42,473 | +27.6% |
| Non-distributable reserves | 130/1 | €3,906 | €10,658 | +€6,752 | +172.9% |
| Legal reserve | 130 | €3,906 | €10,658 | +€6,752 | +172.9% |
| Tax-exempt reserves | 132 | - | €46,310 | +€46,310 | |
| Distributable reserves | 133 | €149,804 | €139,214 | -€10,589 | -7.1% |
| Profit (loss) carried forward | 14 | -€99,232 | - | +€99,232 | |
| Provisions and deferred taxes | 16 | €147,061 | €131,613 | -€15,448 | -10.5% |
| Deferred taxes | 168 | €147,061 | €131,613 | -€15,448 | -10.5% |
| Amounts payable | 17/49 | €3,581,285 | €1,312,639 | -€2.3m | -63.3% |
| Amounts payable after more than one year | 17 | €3,463,079 | €1,040,242 | -€2.4m | -70.0% |
| Financial debts | 170/4 | €1,124,772 | €1,040,242 | -€84,531 | -7.5% |
| Other amounts payable | 178/9 | €2,338,307 | - | -€2.3m | |
| Amounts payable within one year | 42/48 | €109,303 | €260,999 | +€151,696 | +138.8% |
| Current portion of amounts payable after more than one year | 42 | €82,875 | €84,531 | +€1,656 | +2.0% |
| Trade debts | 44 | €125 | €5,219 | +€5,094 | +4066.0% |
| Suppliers | 440/4 | €125 | €5,219 | +€5,094 | +4066.0% |
| Taxes, remuneration and social security | 45 | €21,919 | €30,157 | +€8,239 | +37.6% |
| Taxes | 450/3 | €21,919 | €30,157 | +€8,239 | +37.6% |
| Other amounts payable | 47/48 | €4,384 | €141,092 | +€136,707 | +3118.2% |
| Accrued charges and deferred income | 492/3 | €8,903 | €11,399 | +€2,495 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €371,803 | €369,760 | -€2,042 | -0.5% |
| Other operating charges | 640/8 | €22,530 | €22,940 | +€409 | +1.8% |
| Non-recurring operating charges | 66A | €1,081 | - | -€1,081 | |
| Gross operating margin | 9900 | €360,390 | €803,988 | +€443,599 | +123.1% |
| Operating profit (loss) | 9901 | -€35,025 | €411,289 | +€446,313 | |
| Financial income | 75/76B | €665 | €340 | -€324 | -48.8% |
| Recurring financial income | 75 | €665 | €340 | -€324 | -48.8% |
| Financial charges | 65/66B | €25,294 | €23,643 | -€1,651 | -6.5% |
| Recurring financial charges | 65 | €25,294 | €23,643 | -€1,651 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€59,654 | €387,986 | +€447,640 | |
| Transfer from deferred taxes | 780 | €15,448 | €15,448 | = | 0.0% |
| Income taxes | 67/77 | - | €122,854 | +€122,854 | |
| Profit (loss) for the period | 9904 | -€44,206 | €280,580 | +€324,786 | |
| Transfer to tax-exempt reserves | 689 | - | €46,310 | +€46,310 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,206 | €234,270 | +€278,476 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.